Answer:
D
Explanation:
Invoices are documents that convey purchases.
Answer:
The most appropriate hedge for the Salerno company would be:
Explanation:
Here, it is given that a company Salerno desires to get locked at a minimum rate so that at that level it could sell in Japanese yen its all non receivables and later if the yen appreciates substantially against the dollar values when the payment time arrives,
Then
The most appropriate hedge for the Salerno company would be:
Purchasing put options: A put option is a term which means that it gives the owner or the main holder all the rights of selling an asset to a different party at a price which is decided by him and at a specified date which he will be deciding. so, basically he owns all the rights associated with it.
It has also been finalized that it creates a negative image of it in the future value of it in the market stock exchange.
The correct answer is C. Let's clarify this. An intern position doesn't amount to a professional rank, since the intern doesn't hold a permanent position. The intern is therefore the last in the scale. The data entry clerk is a professional who handles low responsibility tasks and works under someone else's supervision. The accountant is the hierarchical of the data entry clerk. Then at the top of the pyramid you have the operations research assistant who has more responsibility than the accountant, hence more than everyone else down the scale.
Answer:
WACC = [ ( Ke * Ve) + Kd(1 - tax rate) Vd]/ ( Ve + Vd)
Ve = $47.2 * 1,000 million = $47,200million
Vd = $10,329million
Kd = 13.03%
Tax rate = 35%
ke = 2% + 0.79(8% - 2%) = 6.74%
WACC = [( 6.74%*47,200) + 13.03%(1 - 0.35) 10329]/ (47200+10329)
= (3181.28 +874.815)/ 57529
= 0.070505 = 7.05%
Explanation:
